Core Natural Resources, Inc. (NYSE:CNR) Analysts Recommend 'Moderate Buy'

Core Natural Resources, Inc. (NYSE:CNR) has recently received a consensus rating of "Moderate Buy" from a group of six analysts who monitor the company, according to reports. Among these analysts, two have issued a hold rating, while four have given a buy rating. The average target price for the stock over the next year is estimated at $147.17.

The stock of Core Natural Resources has been the focus of various research reports. In a recent analysis, B. Riley lowered its price target for the company from $140.00 to $136.00, while maintaining its buy rating. Moreover, Piper Sandler upgraded Core Natural Resources from a "neutral" rating to an "overweight" rating and adjusted its price target from $165.00 to $150.00, also on January 6th. Jefferies Financial Group similarly improved its rating from hold to buy and altered its price target from $165.00 to $150.00 around the same time. StockNews.com has started coverage on Core Natural Resources, setting a hold rating, and Benchmark reaffirmed a buy rating with a price target of $112.00 in a report released earlier.

Recent Performance of Core Natural Resources

As of the latest trading session, shares of Core Natural Resources opened at $74.17. The company has reported a 12-month low and high of $73.09 and $134.59, respectively. It holds a market capitalization of $2.18 billion and a price-to-earnings (PE) ratio of 7.72, with a beta of 1.74. Key financial metrics include a 50-day moving average of $123.12 and a 200-day moving average of $136.57. The company also shows a quick ratio of 1.16, a current ratio of 1.38, and a low debt-to-equity ratio of 0.05.

Earnings Announcement

On February 20th, the company reported its quarterly earnings, announcing an earnings per share (EPS) of $3.07, which was significantly above analysts' expectations of $1.63, surpassing it by $1.44. The company's revenue for the quarter was reported at $595.29 million, exceeding forecasts of $493.50 million. Additionally, Core Natural Resources achieved a return on equity of 23.87% and a net margin of 12.81%. Analysts predict an EPS of 11.4 for the current year.

Dividend Update

Core Natural Resources has recently declared a quarterly dividend set to be distributed on March 17th. Shareholders registered on March 3rd will receive a dividend payment of $0.10 per share, marking an annual yield of 0.54% with a payout ratio currently at 4.16%.

Institutional Holdings

Several institutional investors have made adjustments to their stakes in Core Natural Resources recently. For instance, GAMMA Investing LLC increased its stake by a significant 340.5% in the fourth quarter, now holding 185 shares valued at $26,000. Meanwhile, EverSource Wealth Advisors LLC purchased new shares worth approximately $26,000. Other investors such as Fortitude Family Office LLC and Smartleaf Asset Management LLC also raised their stakes considerably. Overall, institutional investors control 86.54% of the company's stock.

About Core Natural Resources

Core Natural Resources, Inc., along with its subsidiaries, specializes in the production and sale of bituminous coal both domestically and internationally. The company operates in two segments: the Pennsylvania Mining Complex (PAMC) and the CONSOL Marine Terminal. The PAMC segment focuses on the mining, preparation, and marketing of bituminous coal primarily to power generators and various industrial customers.

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